Who Owns the Disney Island?

The land that comprises Disney's private island, Castaway Cay, is owned by the Bahamian government, while The Walt Disney Company holds a long-term lease for its exclusive use.

The Walt Disney Company secured a 99-year land lease for the cay from the Bahamian government in 1997. This significant agreement grants Disney substantial control over the island, allowing them to develop and operate it as an exclusive destination for Disney Cruise Line guests. The lease is set to continue through the year 2096.

Understanding the Ownership and Lease Arrangement

Despite not holding direct ownership of the land, The Walt Disney Company has invested heavily in transforming Castaway Cay into a world-class private island experience. This arrangement is common for large-scale developments on sovereign land, where a long-term lease provides the developer with operational control without a full land transfer.

Key aspects of this unique setup include:

• Land Ownership: The sovereign nation of The Bahamas retains ownership of the land.
• Leaseholder: The Walt Disney Company is the exclusive lessee, granting them the right to develop and utilize the island.
• Lease Duration: The initial 99-year lease, commencing in 1997, provides Disney with a long-term operational horizon, ensuring continuity for its cruise operations.
• Operational Control: Under the terms of the lease, Disney exercises significant autonomy over the island's facilities, services, and guest experiences, effectively managing it as its own private paradise for cruise passengers.

This model allows the Bahamian government to retain sovereignty while benefiting from the economic activity and tourism generated by Disney's presence. Meanwhile, Disney gains a dedicated, private port of call perfectly tailored to its brand experience.